Author: Fernanda T
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Crypto this Wednesday: Coinbase Starts Institutional Lending, Jefferson Confirmed as Fed Vice Chairman, and More
Philip Jefferson confirmed as next Vice Chairman of the US Federal Reserve Philip Jefferson has been confirmed as the next vice chairman of the US Federal Reserve after winning broad support in a Senate vote. He was nominated by Joe Biden to replace Lael Brainard. Jefferson’s confirmation and future Fed nominees such as Lisa Cook and Adriana…
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Wednesday’s Wall Street Highlights: Verb Technology, Apple, Alphabet, Warner Bros, and more
US index futures are lower in premarket trading on Wednesday, weighed down by disappointing numbers in Europe and a rise in the cost of oil the day before. These factors heighten inflation concerns as investors await new US indicators, including the Beige Book. By 6:52, Dow Jones futures (DOWI:DJI) were down 51 points, or 0.14%. S&P 500…
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Crypto This Tuesday: Visa Extends USDC Support in Solana, Stake Rebounds After Attack, and More
Bitcoin holds steady under $26,000 after pending SEC decision Bitcoin (COIN:BTCUSD) performed subduedly earlier in the week, with values fluctuating between $25,500 and $25,750, while initial excitement sparked by the SEC review of Grayscale Investments’ rejection of its application for a Bitcoin ETF decreased. BitGo and Hana Bank enter strategic partnership in cryptocurrency custody Cryptocurrency…
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Tuesday’s Wall Street Highlights: Goldman Sachs, Airbnb, Tesla, Novo Nordisk, and more
US index futures are lower in premarket trading on Tuesday, influenced by a series of PMI index announcements from various countries, which gauge the activity of specific sectors. By 6:52 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or 0.01%. S&P 500 futures were down 0.11% and Nasdaq-100 futures were down 0.21%. The yield on the…
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Crypto This Thursday: Lufthansa Launches NFTs, Uniswap Acquitted in Court Case, and More
New York court classifies Ether and Bitcoin as ‘commodities’ and dismisses case against Uniswap A New York court has defined Ether (COIN:ETHUSD) and Bitcoin (COIN:BTCUSD) as commodities and has ruled out a class action lawsuit against cryptocurrency exchange Uniswap. The lawsuit alleged that Uniswap had violated US securities laws, but Judge Katherine Polk Failla stated that…
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Thursday’s Wall Street Highlights: UBS, Microsoft, Shopify, Salesforce, Okta and more
US index futures were mixed in premarket Thursday, with traders awaiting further US indicators and mulling over eurozone inflation data and UBS’s first earnings after the Credit Suisse acquisition. By 6:51 AM, Dow Jones (DOWI:DJI) futures were up 109 points, or 0.31%. S&P 500 futures were up 0.07% and Nasdaq-100 futures were down 0.11%. The 10-year Treasury yield…
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Crypto This Wednesday: Google to Modernize El Salvador’s Digital Infrastructure, Prada Embraces Blockchain, and More
EOS token receives regulatory approval in Japan, aims for Asian expansion EOS token (COIN:EOSUSD) has been approved for trading against the Japanese yen by regulators, with trading scheduled to begin in mid-September on BitTrade. The EOS Network Foundation (ENF) sees this approval as a crucial step towards expanding its presence in Japan and the broader Asian…
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Wednesday’s Wall Street Highlights: Ambarella, Alphabet, Toyota, HP Inc, Vinfast, and more
US index futures are down in the premarket on Wednesday, in a day full of economic indicators, when some data may give signals about the Federal Reserve’s monetary policy. By 6:51 AM, Dow Jones (DOWI:DJI) futures were up 15 points, or 0.04%. S&P 500 futures were down 0.07% and Nasdaq-100 futures were down 0.16%. The 10-year Treasury yield…
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Crypto This Tuesday: Grayscale Win Boosts Crypto, Argo Blockchain Cuts Losses, and More
Court decision boosts Bitcoin and brings US closer to spot crypto ETF After a US appeals court instructed the SEC to review its denial of the Grayscale Bitcoin Trust to become an ETF, Bitcoin (COIN:BTCUSD) rallied 6.65% to hit $27,843.53. The market reacted positively, with Grayscale Bitcoin Trust rising 17% and other crypto assets posting gains. The…
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Tuesday’s Wall Street Highlights: Alphabet, Verizon, Joann, Intel, Catalent, and more
US Index Futures are marginally lower in Tuesday’s premarket, awaiting important economic data, which may define the trajectory of interest rates around the world. By 6:51 AM, Dow Jones futures (DOWI:DJI) were down 7 points, or 0.02%. S&P 500 futures were down 0.01% and Nasdaq-100 futures were down 0.01%. The 10-year Treasury yield was at 4.21%. On…